New England Journal of Medicine publishes final overall survival data for darolutamide showing treatment significantly extends life in men with non-metastatic prostate cancer

On September 10, 2020 Orion Corporation reported that The New England Journal of Medicine has published the full overall survival (OS) results from the pre-specified final OS analysis of the Phase III ARAMIS trial for darolutamide in men with non-metastatic castration-resistant prostate cancer (nmCRPC) who are at high risk for developing metastatic disease (Press release, Orion , SEP 10, 2020, View Source [SID1234564953]). These data were also presented as part of the American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) 2020 Virtual Scientific Program held in May 2020.

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"Through ongoing research, we have established the importance of focusing treatments on extending lives and limiting side effects for men living with nmCRPC. With these encouraging darolutamide results, physicians are further armed to treat based on the multiple needs of this patient population including efficacy, delaying morbidity and treatment tolerability," said Karim Fizazi, M.D., Ph.D., Professor of Medicine at the Institut Gustave Roussy, Villejuif, France, and lead ARAMIS study investigator.

Men receiving darolutamide plus androgen deprivation therapy (ADT) demonstrated a significant improvement in OS compared to placebo plus ADT, with a 31 percent reduction in risk of death (HR=0.69, 95% CI 0.53-0.88; p=0.003). This OS benefit was observed despite more than half (55 percent) of patients in the placebo group (307 of 554 patients) receiving subsequent darolutamide or other life-prolonging therapy at data cut-off for final analysis (November 15, 2019).

With an extended follow-up of median 29 months for the overall study population, darolutamide continued to demonstrate a favorable safety profile. Discontinuation of treatment due to adverse events (AEs) was unchanged from the primary analysis, occurring in 9 percent of patients in both arms of the study.

This updated analysis of the ARAMIS trial also confirms the low potential for central nervous system (CNS) effects, such as mental impairment and cognitive impairment, expected with darolutamide plus ADT.

About the ARAMIS trial
The ARAMIS trial is a randomized, Phase III, multi-center, double-blind, placebo-controlled trial evaluating the safety and efficacy of oral darolutamide in patients with nmCRPC who are currently being treated with ADT and are at high risk for developing metastatic disease. In the clinical study, 1,509 patients were randomized in a 2:1 ratio to receive 600 mg of darolutamide orally twice daily or placebo along with ADT. Patients with a history of seizure were allowed in the study.

Previously published results from the ARAMIS trial demonstrated a highly significant improvement in the primary efficacy endpoint of metastasis-free survival (MFS), with a median of 40.4 months for darolutamide plus ADT compared to 18.4 months for placebo plus ADT (p<0.001).

About darolutamide
Darolutamide is an oral androgen receptor inhibitor (ARi) with a distinct chemical structure that binds to the receptor with high affinity and exhibits strong antagonistic activity, thereby inhibiting the receptor function and the growth of prostate cancer cells. The compound is also being investigated in a Phase III study in metastatic hormone-sensitive prostate cancer (ARASENS). Information about the trials can be found at www.clinicaltrials.gov.

Darolutamide was approved in March 2020 in the European Union (EU) under the brand name Nubeqa for the treatment of men with non-metastatic castration-resistant prostate cancer (nmCRPC), who are at high risk of developing metastatic disease. Nubeqa has also received regulatory approval in the U.S., Australia, Brazil, Canada as well as Japan, and filings in other regions are underway or planned.

Gossamer Bio Announces Participation in Upcoming Investor Conferences

On September 10, 2020 Gossamer Bio, Inc. (Nasdaq: GOSS), a clinical-stage biopharmaceutical company focused on discovering, acquiring, developing and commercializing therapeutics in the disease areas of immunology, inflammation and oncology, reported its participation in two upcoming investor conferences. Sheila Gujrathi, M.D., Chief Executive Officer and Co-Founder, and Bryan Giraudo, Chief Financial Officer, will present at the H.C. Wainwright 22nd Annual Global Investment Conference on Monday, September 14 at 5:00 p.m. ET and at the Cantor Fitzgerald Virtual Global Healthcare Conference on Thursday, September 17 at 2:00 p.m. ET (Press release, Gossamer Bio, SEP 10, 2020, View Source [SID1234564970]).

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Live webcasts of both presentations will be available on the "Events and Presentations" page in the "Investors" section of the company’s website at View Source Replays of each webcast will be archived on the company’s website for 90 days following the presentation.

Fresenius Medical Care to issue bonds with a volume of 1 billion US-dollars

On September 10, 2020 Fresenius Medical Care, the world’s leading provider of dialysis products and services,reported that it has agreed to issue bonds with an aggregate principal amount of USD 1 billion (Press release, Fresenius, SEP 10, 2020, View Source [SID1234564918]). The bonds will mature in February 2031 and have an annual coupon of 2.375%. The issue price is 99.699%, resulting in a yield of 2.408%.

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The proceeds will be used for general corporate purposes, including the refinancing of outstanding indebtedness.

The expected settlement date is September 16, 2020.

Avid Bioservices to Participate in 18th Annual Morgan Stanley Global Healthcare Conference

On September 10, 2020 Avid Bioservices, Inc. (NASDAQ:CDMO) (NASDAQ:CDMOP), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality development and manufacturing services to biotechnology and pharmaceutical companies, reported that the company will participate in the 18th Annual Morgan Stanley Global Healthcare Conference (Press release, Avid Bioservices, SEP 10, 2020, View Source [SID1234564936]). The conference, which will take place September 14-18, 2020, is being conducted with a virtual format.

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Details of the company’s participation are as follows:

18th Annual Morgan Stanley Global Healthcare Conference
Details: Avid management will participate in a fireside chat and 1-on-1 meetings
Conference Date: September 14-18, 2020
Fireside Chat Time/Date: 4:15 p.m. Eastern on Thursday, September 17, 2020
Format: Virtual Conference
A webcast of the fireside chat will be made available. To listen to the live webcast, or access the archived webcast, please visit: View Source

Actinium Pharmaceuticals, Inc. to Present at the 22nd Annual H.C. Wainwright Global Investor Conference

On September 10, 2020 Actinium Pharmaceuticals, Inc. (NYSE AMERICAN: ATNM) ("Actinium" or the "Company") reported that its Chairman and Chief Executive Officer Sandesh Seth will be presenting at the virtual H.C. Wainwright 22nd Annual Global Investment Conference on Monday, September 14th at 2:00 PM EST (Press release, Actinium Pharmaceuticals, SEP 10, 2020, View Source [SID1234564954]).

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(PRNewsfoto/Actinium Pharmaceuticals, Inc.)

Presentation details are as follows:

Event:

H.C. Wainwright 22nd Annual Global Investment Conference

Date:

Monday, September 14TH

Time:

2:00 PM EST

The presentation will be accessible on the investor relations section of Actinium Pharmaceuticals website at www.actiniumpharma.com